Trump has imposed a complete economic embargo on Venezuela

The U.S. has increased economic pressure on the Venezuelan government headed by Nicolas Maduro. On Monday evening, August 5, U.S. President Donald Trump signed a decree imposing a complete economic embargo on the country. With this order, as reported by the press service of the White House, Trump froze all the assets of the Venezuelan government and related organizations located in the U.S. territory, as well as prohibited any economic transactions with them. Exceptions are made for operations related to the provision of humanitarian aid.

 

In the text of the decree, Trump noted that his decision was related to "the continued usurpation of power by the illegal regime of Nicolas Maduro, as well as the violation of human rights, including the arbitrary or illegal arrest and detention of Venezuelan citizens, interference with freedom of expression and continued attempts to undermine the interim president of Venezuela, Juan Guaido, and the democratically elected National Assembly of Venezuela.

 

The document also clarifies that the term "Venezuelan government" includes the state and the Venezuelan government, any political unit, agency or structures thereof, including the Central Bank of Venezuela and the Venezuelan state oil and gas company Petruleos de Venezuela, Sociedad Anonima (PDVSA). [ADD-2]

 

Guido welcomed Trump's decree

Venezuelan interim president Juan Guaido welcomed the new U.S. sanctions against Maduro. it is about the protection of Venezuelans, those who support the illegal stay of Maduro, should know that it will not go without consequences, wrote the opposition politician in his microblog Twitter on the night of August 6.

 

The power struggle between Juan Guaido and Nicolas Maduro in Venezuela, which is going through a deep economic and political crisis, has been going on for several months. About fifty countries, including Germany, have recognized Guideaux as interim president. The Venezuelan HEAD of state Maduro is supported by the army and law enforcement agencies, and his legitimacy is recognized by RUSSIA, CHINA and Cuba, among others.